Layout:

African Kingdom’s US$275mn SWF: High Stakes, Smart Moves, and the Battle for Credibility

11th June, 2025

In a region characterised by fiscal fragility and donor dependence, the tiny state of Eswatini recently made a bold move: launching a US$275 million sovereign wealth fund (SWF) to reboot its economic trajectory, no doubt taking inspiration from more established African SWFs such as Rwanda's Agaciro Fund and Nigeria's NSIA.

Subscriber Post

Botswana’s Billion-Dollar Dilemma: Should the Pula Fund Bet on De Beers?

10th June, 2025

For years, Botswana’s Pula Fund has been hailed as a model of fiscal discipline: a sovereign wealth fund that quietly turned diamond wealth into long-term national security.

Subscriber Post

Danantara’s Bid for GoTo: A Strategic Power Play in the Battle for Indonesia’s Digital Soul

9th June, 2025

Indonesia had bold visions for its new sovereign wealth fund, Danantara, when it was launched in early 2025: to mirror Singapore’s Temasek in backing national champions, fueling industrial modernisation, and asserting control over the country’s digital destiny.

Subscriber Post

Kuwait Dives Into AI: What KIA’s Backing of Microsoft-led US$30bn Strategy Really Means

6th June, 2025

The artificial intelligence arms race just gained another trillion-dollar contender. This week, the Kuwait Investment Authority (KIA), the world’s oldest and one of the largest sovereign wealth funds, announced it will become the first non-founder financial anchor in the Microsoft- and BlackRock-backed AI Infrastructure Partnership - a US$30 billion global initiative to bankroll the next generation of AI infrastructure.

Subscriber Post

The US$1 billion sale of Khazanah: Pruning the Past, Betting on Malaysia's Future

4th June, 2025

Khazanah Nasional Berhad, Malaysia's sovereign wealth fund, is reportedly in the process of liquidating over US$1 billion in private equity fund stakes.

Subscriber Post

India Offers Tax Holidays to Reel In Saudi Arabia’s US$100 Billion Investment Windfall

3rd June, 2025

India is pulling out all the stops to court Saudi Arabia’s mighty Public Investment Fund (PIF). In a fast-paced bid to unlock up to US$100 billion of Saudi investment, New Delhi has proposed a 10-year tax holiday on profits and sweeping exemptions on interest, dividends, and capital gains for PIF.

Subscriber Post

Dubai Holding Makes History with First Pure-Play Residential REIT Listing in the GCC

2nd June, 2025

Dubai’s first IPO of 2025 – a Real Estate Investment Trust launched by state-owned investor Dubai Holding – has been a resounding success.

Subscriber Post

Fund of the Month: New South Wales Treasury Corporation (TCorp)

1st June, 2025

TCorp is one of the most prolific investment managers in Australia, investing capital on behalf of State Super (a superannuation fund) and NSW Generations Fund (a sovereign fund), among other clients. We were delighted to speak with Mr. Stewart Brentnall, its Chief Investment Officer, and Ms. Alexis Cheang, its Head of Investment Stewardship, about TCorp’s portfolio, strategy, and goals.

Indonesia’s Sovereign Wealth Surge: How INA and Danantara Are Supercharging the EV Revolution

30th May, 2025

Indonesia is seeking to add value to its massive natural resource base by leveraging its sovereign wealth funds to develop a global electric vehicle hub.

Subscriber Post

NBIM Closes Tokyo Office: A Quiet Exit from a Real Estate Dream That Never Took Off

29th May, 2025

Norges Bank Investment Management (NBIM), manager of the world’s largest sovereign wealth fund, just confirmed another step in its long-term strategic pivot: it is shutting the doors of its Tokyo real estate office.

Subscriber Post

Sarawak's Sovereign Wealth Fund Goes Global: A New Era of Investment and Accountability

28th May, 2025

Sarawak took a step forward in its bold economic vision with the Sarawak Sovereign Wealth Future Fund (SSWFF) given the greenlight to begin investing globally.

Subscriber Post

Kuwait Unshackles KIA: What Borrowing Powers Mean for the Future of its Sovereign Wealth Fund

27th May, 2025

After nearly a decade of political gridlock, fiscal stagnation, and mounting deficits, Kuwait has finally taken a decisive step to rewrite its economic story.

Subscriber Post